Brief: Futaba Industrial to issue new shares to Toyota Motor via private placement for 1 bln yen
23/05/2016 09:03
May 23 (Reuters) - Futaba Industrial Co Ltd 7241.T :
* Says it to issue 19.5 million new shares via private
placement to Toyota Motor Corp 7203.T for 1 bln yen in total
from June 8, 2016 to May 22, 2017
* Says Toyota Motor Corp's stake in the co to increase to
31.39 percent from 12.26 percent
Source text in Japanese: https://goo.gl/hSyKRS
Further company Coverage: 7241.T
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Keywords: FUTABA INDUSTRIAL/BRIEF